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Creamer Media Reporter

Transnet reports improved results as it concludes three-year turnaround strategy

30th June 2008 A combination of volume growth, productivity and efficiency gains have boosted State-owned Transnet’s 2007/8 earnings before interest, taxation, depreciation and amortisation (Ebitda) by 18,3% to R13,2-billion, the group reported on Monday. The freight and logistics company, which concluded its... 

Company Announcement: Integer Introduces Rate Insurance To Help Consumers

30th June 2008 Attached please find a press release on: Integer will be launching Inter Cap - a capped rate adjunct to their existing home loan offering - on 01 August 2008 in response to consumer concerns over rising interest rates. The advantage of a capped rate is that if rates go down, the borrower enjoys... 

Company Announcement: In-Stat praises SMC Networks Green Networking focus

27th June 2008 Attached please find a press release on: SMC Networks, a global provider of LAN hardware and broadband connectivity devices, has announced that its network switches showed to be among the most energy-efficient of high-capacity fixed switches in comparisons conducted by In-Stat.  

Mining Weekly 27 June 2008

27th June 2008  

Engineering News 27 June 2008

27th June 2008  

Manufacturing confidence slumps to seven-and-half-year low

27th June 2008 The Bureau for Economic Research (BER) said it’s most recent survey of the manufacturing sector revealed an industry in the doldrums, with further deterioration in business conditions, while the manufacturing business confidence index sank to a seven-and-a-half year low of 37 index points during... 

Siemens to set up in Durban harbour facility as it secures tug orders

27th June 2008 Engineering company Siemens – a subcontractor to Southern African Shipyards in its R400-million contract to build five mammoth tugs simultaneously for Transnet and the National Ports Authority (NPA) – says it is to establish a fully lfunctional electrical facility in the shipbuilding yard at... 

AngloGold’s rights offer oversubscribed in US

26th June 2008 South African gold-miner AngloGold Ashanti said on Thursday that its American depositary share (ADS) rights offer had been oversubscribed. The company said that its ADS rights agent, the Bank of New York, had received acceptances and oversubscription for about 28,2-million ADSs following the... 

Implats’ Zimbabwe operations continue well despite trying conditions

26th June 2008 Platinum producer Impala Platinum (Implats) has warned its shareholders on Thursday about the risks associated with its investments in Zimbabwe, but stated that it remained willing to be a part of any solution that could possibly lead to an improvement in the socio-economic environment in that... 

Vodacom signs deals with strategic partners in empowerment transaction

26th June 2008 Telecommunications firm Vodacom, on Thursday, announced it had signed transaction agreements with Royal Bafokeng Holdings and Thebe Investment Corporation, which would be the firm's strategic partners in its R7,5-billion broad-based black economic-empowerment (BBBEE) transaction. Vodacom said in... 

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